FPIs heavily bearish, but that may well be a bullish signal
This was closer to 2024’s lows of 12.7% on June 4, which was seen at the start of June 2024 during the once-in-five-year mega event of the Lok Sabha election results, said Rajesh Palviya, head of technical and derivatives research at Axis Securities.
Mutual Fund Tracker: Temper returns expectations; go heavy on large caps
Here are some suggestions from wealth advisors on how mutual fund portfolios could be structured for conservative, moderate risk, and aggressive-risk investors this year.
Asset reconstruction companies hire specialised loan collection agents
Asset reconstruction companies are hiring specialised collection agencies to recover unsecured retail loans as stress in this segment increases. ARCs are prompted by the need to use external infrastructure and banking guidelines. A push towards professionalisation in loan recovery is underway.
Most banks see slower loan growth amid weak demand
In the December quarter, slower consumer demand and risk aversion to unsecured loans have led banks to report slower credit growth compared to deposit growth. HDFC Bank’s deposits surged 15% year-on-year while its loan growth was at 3%. Only IDBI Bank and IndusInd Bank saw loan growth outpace deposits.
Shorts to run for cover above 24,200: Analysts
Strong support is placed at 23,300 which we expect to hold as it is the confluence of 61.80% retracement of the June-September rally (21,281-26,277) coinciding with the 52-week EMA at 23,350. Buying on dips in quality stocks would be the prudent strategy.
Front-running is unfair, undermines trust in markets
Front-running is an illegal practice of purchasing a stock based on unpublished information of a large transaction that could move prices. Since big trades by large investors usually move stock prices, those with insider information build positions prior to the execution of the large investor’s order betting that they would make profits once the purchase […]
F&O Talk| Nifty trading trapped in 23,000-25,000 range with bearish long-term outlook: Rahul Ghose of Hedged.in
With the current market scenario, analyst Rahul Ghose, Founder of Hedged.in interacted with ET Markets regarding the outlook on Nifty and Bank Nifty and an index strategy for the upcoming week. Following are the edited excerpts from his chat:
FPIs net sell domestic equities worth Rs 4,285 crore in first 3 sessions in January. What lies ahead?
Foreign Portfolio Investors sold Rs 4,285 crore worth of Indian equities in the first three days of January. This contrasts with December 2024 when they were net buyers. FIIs have been cautious due to high valuations in the secondary market but active investors in the primary market. The dollar’s strength and US bond yields influence […]
FPIs withdraw Rs 4,285 cr in 3 trading sessions amid high valuations, global headwinds
“FPIs are likely to continue selling as long as the dollar remains strong and US bond yields offer attractive returns. The dollar index at around 109 and the 10-year bond yield above 4.5 per cent are significant deterrents to FPI flows,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
FMCG makers expect inflation to hit volume growth, operating profit in Q3
One of the reasons could be that a number of companies have opted for a price hike in the December quarter due to rising costs of input items such as copra, vegetable oil, and palm oil.